Average lending interest rate is still 6.54%

Động thái giảm lãi suất thể hiện nỗ lực hỗ trợ doanh nghiệp phục hồi và mở rộng sản xuất

The move to cut interest rates shows an effort to support businesses to recover and expand production.

According to the State Bank's report, by the end of September 2025, the average lending interest rate of the commercial banking system will reach 6.54%/year, down 0.4 percentage points compared to the end of 2024. The move to reduce interest rates demonstrates efforts to support businesses to recover and expand production.

From 2023 to now, the State Bank has lowered operating interest rates four times, with a total reduction of 0.5-2%/year, contributing to creating the lowest interest rate level in many years.

According to experts, interest rates may be under great pressure in the final months of the year from complex factors in the international market. On the other hand, lending rates have fallen sharply in recent times, so it is unlikely that they will continue to fall. The world interest rate level tends to decrease, however, the interest rate of the US Federal Reserve (FED) remains high and the global financial market is unpredictable under the impact of US tariff policy.

In addition, the demand for credit capital for production, business and consumption is expected to increase, while capital mobilization of the entire credit institution system may be affected and compete with other investment channels.

The State Bank's leaders affirmed that in the coming time, the management agency will continue to closely follow market developments and the domestic and foreign economic situation to proactively, flexibly, promptly and effectively manage monetary policy tools, coordinate synchronously, harmoniously and closely with fiscal policy and other macroeconomic policies to control inflation, contribute to stabilizing the macro economy and supporting economic growth.

Source: https://vtv.vn/lai-suat-cho-vay-binh-quan-con-654-100251016161419181.htm